[2017-10-12]Tom Peterffy Believes Bitcoin Could Wreck Might Go to $100K ....

[hugeblack]

The great Wall Street Divide over whether Bitcoin is a miracle or a bubble continues to grow, with Interactive Brokerage founder Tom Peterffy expressing his concerns about a bubble. The trader/investor has said that the price spike may continue, even up to $100,000 or more, before the price crashes.

The warning from Peterffy included commentary that Bitcoin futures trading may well spell disaster for the entire financial market, with smaller brokerages going in on the cryptocurrency and then going bankrupt. He is restricting his own traders to long positions at $5 per contract (as opposed to the normal $.80) in order to protect the brokerage. He expressed his bewilderment, saying:

"I'm extremely curious, this is an amazing thing. How silly people are, it is just amazing."

read other traders[economists] and source

[1715226611]

1715226611

[1715226611]

1715226611

[1715226611]

1715226611

[1715226611]

1715226611

[1715226611]

1715226611

[1Referee]

This article is nothing special, but there is a very pleasing pattern visible amongst all these articles. Where Bitcoin according to these clowns was supposed to crash hard after reaching $1000, and it didn't, it would crash at $2000, and didn't, and then crash at $3000, and again didn't. In other words, they constantly keep raising the threshold at which they believe the market will crash. At a certain time they will point at $1,000,000 to be a level that they believe it might crash. They just keep raising the bar till Bitcoin reaches levels it probably can't grow beyond anymore, and when the market tanks by that time, they will say -> I told you so! Yep, at some point they will be right, and they will gladly rub it in your face.

[digaran]

This article is nothing special, but there is a very pleasing pattern visible amongst all these articles. Where Bitcoin according to these clowns was supposed to crash hard after reaching $1000, and it didn't, it would crash at $2000, and didn't, and then crash at $3000, and again didn't. In other words, they constantly keep raising the threshold at which they believe the market will crash. At a certain time they will point at $1,000,000 to be a level that they believe it might crash. They just keep raising the bar till Bitcoin reaches levels it probably can't grow beyond anymore, and when the market tanks by that time, they will say -> I told you so! Yep, at some point they will be right, and they will gladly rub it in your face.

Is there any girl (even very ugly one) to do that thing in bold red? I haven't seen any girl up close in my life, wild lol. let the price hit $1,000,000 or $100K first, we don't really care about what comes next. if I can buy a house with 0.2BTC I don't care if price crashes to 0. we want every wealthy person on earth to invest millions on Bitcoin, so that we, the poor and low life, the poor and ugly could take whatever they have and jump the same beds as they did once. Satoshi hints at this in the genesis.